PPP Loan information for Biener auto group inc

$1,882,492

Biener auto group inc was initially approved for PPP Loan of amount $1,882,492, the current approved amount is $1,882,492. The loan was approved on 03/23/2021 by The Valley National Bank reported 84 jobs and $1,882,492 was used to fund payroll.

Biener auto group inc is Existing or more than 2 years old

PPP Loan Search / NY / Great Neck / Biener auto group inc

BIENER AUTO GROUP INC

Date Approved

03/23/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

BIENER AUTO GROUP INC

Borrower Address

795 Northern Blvd

Borrower City

Great Neck

Borrower State

NY

Borrower Zip

11021-5301

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1882492.00

Current Approval Amount

1882492.00

Undisbursed Amount

0.00

Franchise Name

Audi Dealer Agreement

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Great Neck

Project County Name

NASSAU

Project State

NY

Project Zip

11021-5301

CD

NY-03

Jobs Reported

84

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1882490.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1894519.03

Forgiveness Date

11/10/2021

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